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A person purchased ten boxes of grapes at a cost of Rs. 2,000 per box. Each box contained 20 kgs of grapes. He sold each box at the rate of Rs. 2,500
Question

A person purchased ten boxes of grapes at a cost of Rs. 2,000 per box. Each box contained 20 kgs of grapes. He sold each box at the rate of Rs. 2,500 per box. But on the whole 10 kgs of grapes were damaged. Further he paid 1,000 as transport charges. Find his gain or loss.

A.

Gain Rs. 2,050

B.

Loss Rs. 1,000

C.

Gain Rs. 2,750

D.

Loss Rs. 1,500

Correct option is C

Total Cost Price = 2,000 × 10 + 1,000 = 20,000 + 1,000 = 21,000
The damaged boxes = 10 kg/20 kg per box = 0.5 box
Actual sold boxes = 10 boxes - 0.5 boxes = 9.5 boxes
Total Selling Price = 2,500 × 9.5 = 23,750
Gain = 23,750 - 21,000 = 2,750

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